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South Korea unveils plan to allow crypto stablecoins — Bloomberg
Societe Generale-Forge, the crypto arm of Societe Generale, has launched a new USD-pegged stablecoin, USDCV — SGForge
Cardano founder announced the launch of Cardinal, the first Bitcoin DeFi protocol on the Cardano network — Twitter
Binance helped US and Taiwanese authorities take down Incognito Market, a dark web drug platform with $100M+ in sales — BeInCrypto
US Senate set for GENIUS stablecoin bill vote tomorrow — Bloomberg
60% of Fortune 500 companies are actively working on blockchain initiatives — Coinbase
Ondo Finance has launched its flagship tokenized U.S. Treasury fund on the XRP Ledger (XRPL) Layer 1 blockchain — Twitter
SOON has secured strategic investment from Jump Crypto, Amber Group, and select angel investors — Twitter
Circle's USDC is now live on World, the project backed by OpenAI CEO Sam Altman — Twitter
Coinbase to list PancakeSwap (CAKE), Subsquid (SQD) and Fartcoin (FARTCOIN) on June 12 — Twitter
Plasma has increased the deposit cap by $500 million, bringing the total cap to $1 billion — Twitter
Pudgy Penguins and NASCAR partner to bring cuddly crypto birds closer to race fans — The Block
Binance Alpha has launched PUNDI AI (PUNDIAI). Users with at least 237 Binance Alpha points can claim an airdrop — Twitter
MEXC has launched a $100 million Guardian Fund aimed at safeguarding users against severe security incidents — Twitter
Immutable has launched IMX staking on the zkEVM chain as part of its merge with Immutable X — Twitter
Bank of America’s CEO confirmed plans to launch a fully dollar-backed stablecoin — Yahoo Finance
Tether acquires 32% stake in Canadian precious metals royalty company Elemental for $89 million — The Block
KuCoin has launched KuCoin Thailand, a licensed cryptocurrency exchange regulated by Thailand’s SEC — KuCoin
Solana-based NFT platform Solsniper announced it will shut down its NFT marketplace today — Twitter
US Senate schedules final GENIUS stablecoin bill vote for June 17 — The Block
Shopify will begin supporting USDC payments later this year, starting with a pilot for U.S. and EU merchants in late June — Fortune